PANews reported on December 12 that in response to online rumors that "Alipay supports buying coins", Alipay officials clarified through social media, saying that "seeing banana ads on platform X does not mean you can buy bananas on X", thereby denying the rumors.

Earlier, Justin Sun and some social media users mentioned that there were recommendations related to cryptocurrencies on the Alipay homepage . In fact, the recommendation involved an investment fund (Huabao Overseas Technology C), whose investment targets included Coinbase stocks and Bitcoin ETFs, rather than direct purchases of cryptocurrencies. Alipay emphasized that its service does not support direct purchases of crypto assets.